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Author Question: Most auditors assess the risk of material misstatement as high for related parties and related-party ... (Read 61 times)

effaey

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on: Aug 21, 2022
Most auditors assess the risk of material misstatement as high for related parties and related-party transactions because
◦ of the unique classification of related-party transactions required on the balance sheet.
◦ of the lack of independence between the parties.
◦ of the unique classification of related-party transactions required on the income statement.
◦ it is required by generally accepted accounting principles.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by effaey on Aug 21, 2022

StephaniaF

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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effaey

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Reply 2 on: Aug 21, 2022
Wow, this really help

bbburns21

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Thanks for the timely response, appreciate it

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